Another grim forecast comes as Europe struggles with the worst power crunch in decades
The average British household can expect to see annual energy bills soar to £6,000 (nearly $7,100) in 2023, according to the latest outlook issued by the UK independent energy consultancy Auxilione on Saturday.
The analysts project that the price cap on bills, an officially set reference point, could reach £6,089 as soon as next April. The cap, which currently stands at £1,971, is expected to climb to £3,576 in October and £4,799 in January. Last October, it was set at £1,400 ($1,653).
Earlier this month, the UK energy industry regulator Ofgem announced plans to adjust the cap quarterly rather than every six months due to the volatility in energy markets
The latest figure represents a substantial increase to what was already a gloomy forecast made last week, when the consultancy projected annual average energy bills growing to more than £5,000…
